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IFSC Code of State Bank Of India, Ambedkar Rd.Neemuch, Neemuch, Madhya Pradesh — SBIN0030399

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Ambedkar Rd.Neemuch branch in Neemuch, Neemuch, Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Neemuch or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0030399. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Ambedkar Rd.Neemuch, Neemuch

Here are the key points that are associated with the IFSC Code SBIN0030399 of State Bank Of India for its branch located in Neemuch, within the district of Neemuch in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0030399
Branch Ambedkar Rd.Neemuch
City Neemuch
District Neemuch
State Madhya Pradesh
Address 235,Teachers Colony,Dr.Ambedkar Marg,Neemuch

These details help users in online banking and for businesses and individuals who use State Bank Of India in Neemuch for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0030399 for the Ambedkar Rd.Neemuch branch of State Bank Of India has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Ambedkar Rd.Neemuch, Neemuch, Madhya Pradesh, are allotted a unique IFSC like SBIN0030399 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Neemuch.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Neemuch and Neemuch.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Ambedkar Rd.Neemuch reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code SBIN0030399

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Ambedkar Rd.Neemuch in Neemuch.

For example, the IFSC Code SBIN0030399 of State Bank Of India for the Ambedkar Rd.Neemuch branch has these elements, identifying the bank and the branch location in Neemuch and Madhya Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0030399 of State Bank Of India for its Ambedkar Rd.Neemuch branch located in Neemuch, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Neemuch and Neemuch, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Ambedkar Rd.Neemuch or Neemuch to get the exact IFSC Code SBIN0030399.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and Neemuch, you'll get the correct details.

How to Use IFSC Code SBIN0030399 for Online Transfers?

Once you have the IFSC Code SBIN0030399 for the Ambedkar Rd.Neemuch branch of State Bank Of India in Neemuch, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0030399. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0030399.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Ambedkar Rd.Neemuch in Neemuch, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Ambedkar Rd.Neemuch, here are some ways that you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Neemuch manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Ambedkar Rd.Neemuch, Neemuch?

The IFSC Code is SBIN0030399.

Is the IFSC Code SBIN0030399 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Ambedkar Rd.Neemuch?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ambedkar Rd.Neemuch branch?

The address of the branch is 235,Teachers Colony,Dr.Ambedkar Marg,Neemuch located in Neemuch, Neemuch, Madhya Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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